If an employee of a company pays office rent on behalf of the company, and the company reimburses the amount of rent to that employee (amount for the year exceeds 180000 limit u/s 194 I ) then, should TDS u/s 194 I be deducted on the amount of reimbursement made by the company to that employee?
Thanks in Advance!!!
Menu
TDS on Reimbursement of Rent
Replies (2)
Yes, provided the reimbursement amount is not added to employee's perks..
Yes, First we need to make sure that the rent is not added to the employee perks and secondly TDS shall be deposited in the name of office premises owner.
Recent Topic
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
Related Topics
CAclubindia
